2019 Q4 Form 10-Q Financial Statement

#000089541919000097 Filed on October 31, 2019

View on sec.gov

Income Statement

Concept 2019 Q4 2019 Q3 2018 Q3
Revenue $120.7M $127.7M $127.4M
YoY Change -56.97% 0.24% -64.65%
Cost Of Revenue $85.10M $75.20M $70.10M
YoY Change -51.92% 7.28% -50.53%
Gross Profit $35.60M $52.50M $57.30M
YoY Change -65.6% -8.38% -16.96%
Gross Profit Margin 29.49% 41.11% 44.98%
Selling, General & Admin $45.00M $57.60M $43.90M
YoY Change -8.54% 31.21% -30.28%
% of Gross Profit 126.4% 109.71% 76.61%
Research & Development $38.70M $43.70M $36.30M
YoY Change -3.73% 20.39% -13.28%
% of Gross Profit 108.71% 83.24% 63.35%
Depreciation & Amortization $30.70M $28.60M $29.50M
YoY Change -2.23% -3.05% -21.12%
% of Gross Profit 86.24% 54.48% 51.48%
Operating Expenses $83.70M $101.3M $127.6M
YoY Change -10.29% -20.64% 11.54%
Operating Profit -$63.40M -$38.90M $10.80M
YoY Change -721.57% -460.19% -176.55%
Interest Expense $7.700M $7.400M -$9.700M
YoY Change -237.5% -176.29% 646.15%
% of Operating Profit -89.81%
Other Income/Expense, Net $5.000M $1.600M -$9.700M
YoY Change -116.49% 808.24%
Pretax Income -$58.40M -$37.30M $1.100M
YoY Change -1427.27% -3490.91% -107.25%
Income Tax -$500.0K $500.0K $1.900M
% Of Pretax Income 172.73%
Net Earnings -$54.30M -$37.80M -$11.10M
YoY Change 2072.0% 240.54% -44.5%
Net Earnings / Revenue -44.99% -29.6% -8.71%
Basic Earnings Per Share -$0.50 -$0.35 -$0.11
Diluted Earnings Per Share -$0.50 -$0.35 -$0.11
COMMON SHARES
Basic Shares Outstanding 107.7M shares 107.0M shares 101.9M shares
Diluted Shares Outstanding 101.9M shares

Balance Sheet

Concept 2019 Q4 2019 Q3 2018 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $951.5M $993.9M $665.5M
YoY Change 31.48% 49.34% 15.94%
Cash & Equivalents $382.6M $433.3M $336.3M
Short-Term Investments $568.9M $560.6M $329.2M
Other Short-Term Assets $12.80M $15.60M $20.79M
YoY Change -37.77% -24.97% 35.44%
Inventory $165.3M $182.9M $306.4M
Prepaid Expenses $24.50M $22.80M $26.67M
Receivables $137.2M $137.6M $207.6M
Other Receivables $1.100M $0.00 $2.800M
Total Short-Term Assets $1.293B $1.353B $1.230B
YoY Change 1.28% 10.02% 11.15%
LONG-TERM ASSETS
Property, Plant & Equipment $692.4M $656.5M $668.3M
YoY Change 2.44% -1.77% 12.38%
Goodwill $530.0M $530.0M $620.3M
YoY Change -14.56% -14.56% 0.24%
Intangibles $187.7M $191.9M $381.4M
YoY Change -49.84% -49.68% 42.81%
Long-Term Investments $50.70M $42.90M $50.20M
YoY Change 4.75% -14.54% 6.13%
Other Assets $23.40M $17.20M $11.84M
YoY Change 103.83% 45.29% -5.23%
Total Long-Term Assets $1.490B $1.444B $1.738B
YoY Change -14.27% -16.93% 12.01%
TOTAL ASSETS
Total Short-Term Assets $1.293B $1.353B $1.230B
Total Long-Term Assets $1.490B $1.444B $1.738B
Total Assets $2.783B $2.797B $2.968B
YoY Change -7.69% -5.76% 11.65%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $91.30M $84.50M $147.2M
YoY Change -36.38% -42.6% 0.41%
Accrued Expenses $33.70M $29.90M $95.00M
YoY Change -64.64% -68.53% 14.73%
Deferred Revenue $44.40M $43.20M $51.25M
YoY Change -17.64% -15.71%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $900.0K
YoY Change
Total Short-Term Liabilities $248.5M $242.7M $293.6M
YoY Change -15.68% -17.34% 28.0%
LONG-TERM LIABILITIES
Long-Term Debt $482.8M $474.7M $452.6M
YoY Change 5.41% 4.88% 220.99%
Other Long-Term Liabilities $57.30M $52.10M $20.40M
YoY Change 58.79% 155.4% 8.84%
Total Long-Term Liabilities $537.8M $528.3M $475.3M
YoY Change 8.36% 11.15% 123.53%
TOTAL LIABILITIES
Total Short-Term Liabilities $248.5M $242.7M $293.6M
Total Long-Term Liabilities $537.8M $528.3M $475.3M
Total Liabilities $786.3M $771.0M $768.9M
YoY Change -0.6% 0.27% 73.96%
SHAREHOLDERS EQUITY
Retained Earnings -$938.1M -$885.3M -$483.5M
YoY Change 93.05% 83.11% 117.2%
Common Stock $100.0K $100.0K $2.677B
YoY Change -100.0% -100.0% 10.32%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.991B $2.021B $2.194B
YoY Change
Total Liabilities & Shareholders Equity $2.783B $2.797B $2.968B
YoY Change -7.69% -5.76% 11.65%

Cashflow Statement

Concept 2019 Q4 2019 Q3 2018 Q3
OPERATING ACTIVITIES
Net Income -$54.30M -$37.80M -$11.10M
YoY Change 2072.0% 240.54% -44.5%
Depreciation, Depletion And Amortization $30.70M $28.60M $29.50M
YoY Change -2.23% -3.05% -21.12%
Cash From Operating Activities $8.200M -$20.00M $44.80M
YoY Change -90.11% -144.64% -17.23%
INVESTING ACTIVITIES
Capital Expenditures $61.20M $42.00M $31.00M
YoY Change 82.14% 35.48% -14.95%
Acquisitions
YoY Change
Other Investing Activities -$7.000M -$9.200M -$68.90M
YoY Change -83.68% -86.65% -1597.83%
Cash From Investing Activities -$68.20M -$52.30M -$102.3M
YoY Change -10.85% -48.88% 198.22%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $18.60M $15.50M
YoY Change 20.0%
Debt Paid & Issued, Net $0.00 $387.0M
YoY Change -100.0%
Cash From Financing Activities 9.100M $5.400M $274.8M
YoY Change -32.59% -98.03% -33168.59%
NET CHANGE
Cash From Operating Activities 8.200M -$20.00M $44.80M
Cash From Investing Activities -68.20M -$52.30M -$102.3M
Cash From Financing Activities 9.100M $5.400M $274.8M
Net Change In Cash -50.90M -$67.20M $217.4M
YoY Change -355.78% -130.91% 1044.93%
FREE CASH FLOW
Cash From Operating Activities $8.200M -$20.00M $44.80M
Capital Expenditures $61.20M $42.00M $31.00M
Free Cash Flow -$53.00M -$62.00M $13.80M
YoY Change -207.51% -549.28% -21.91%

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17400000 USD
CY2019Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
18600000 USD
CY2019Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2025600000 USD
CY2018Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2072100000 USD
CY2018Q3 us-gaap Profit Loss
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CY2018Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
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300000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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-300000 USD
CY2018Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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-11100000 USD
CY2018Q3 us-gaap Adjustments To Additional Paid In Capital Income Tax Deficiency From Share Based Compensation
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10800000 USD
CY2018Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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12100000 USD
CY2018Q3 us-gaap Stock Issued During Period Value New Issues
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15500000 USD
CY2018Q3 us-gaap Adjustments To Additional Paid In Capital Convertible Debt With Conversion Feature
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110600000 USD
CY2018Q2 us-gaap Cumulative Effect Of New Accounting Principle In Period Of Adoption
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10300000 USD
CY2018Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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2198700000 USD
CY2019Q3 us-gaap Income Loss From Continuing Operations
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-37800000 USD
CY2018Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
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CY2019Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
28600000 USD
CY2018Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
29500000 USD
CY2019Q3 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
5600000 USD
CY2018Q3 us-gaap Amortization Of Financing Costs And Discounts
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1800000 USD
CY2019Q3 us-gaap Share Based Compensation
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16900000 USD
CY2018Q3 us-gaap Share Based Compensation
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10000000.0 USD
CY2019Q3 us-gaap Gain Loss On Disposition Of Assets
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CY2018Q3 us-gaap Gain Loss On Disposition Of Assets
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CY2019Q3 us-gaap Accretion Amortization Of Discounts And Premiums Investments
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0 USD
CY2018Q3 us-gaap Accretion Amortization Of Discounts And Premiums Investments
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-800000 USD
CY2019Q3 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
3500000 USD
CY2018Q3 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
-6700000 USD
CY2019Q3 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-100000 USD
CY2018Q3 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-600000 USD
CY2019Q3 us-gaap Deferred Income Taxes And Tax Credits
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0 USD
CY2018Q3 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-2300000 USD
CY2019Q3 us-gaap Increase Decrease In Accounts Receivable
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8800000 USD
CY2018Q3 us-gaap Increase Decrease In Accounts Receivable
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7400000 USD
CY2019Q3 us-gaap Increase Decrease In Inventories
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-5000000.0 USD
CY2018Q3 us-gaap Increase Decrease In Inventories
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7900000 USD
CY2019Q3 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-7900000 USD
CY2018Q3 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-1100000 USD
CY2019Q3 us-gaap Increase Decrease In Accounts Payable Trade
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-21700000 USD
CY2018Q3 us-gaap Increase Decrease In Accounts Payable Trade
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3400000 USD
CY2019Q3 us-gaap Increase Decrease In Other Accrued Liabilities
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-20500000 USD
CY2018Q3 us-gaap Increase Decrease In Other Accrued Liabilities
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4200000 USD
CY2019Q3 us-gaap Increase Decrease In Contract With Customer Liability
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7200000 USD
CY2018Q3 us-gaap Increase Decrease In Contract With Customer Liability
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900000 USD
CY2019Q3 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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-20000000.0 USD
CY2018Q3 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
41100000 USD
CY2019Q3 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
0 USD
CY2018Q3 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
3700000 USD
CY2019Q3 us-gaap Net Cash Provided By Used In Operating Activities
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CY2018Q3 us-gaap Net Cash Provided By Used In Operating Activities
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44800000 USD
CY2019Q3 us-gaap Payments To Acquire Property Plant And Equipment
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42000000.0 USD
CY2018Q3 us-gaap Payments To Acquire Property Plant And Equipment
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31000000.0 USD
CY2019Q3 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
1100000 USD
CY2018Q3 us-gaap Payments To Acquire Intangible Assets
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2400000 USD
CY2019Q3 us-gaap Proceeds From Sale Of Property Plant And Equipment
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0 USD
CY2018Q3 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
200000 USD
CY2019Q3 us-gaap Payments To Acquire Short Term Investments
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134000000.0 USD
CY2018Q3 us-gaap Payments To Acquire Short Term Investments
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145800000 USD
CY2019Q3 us-gaap Proceeds From Maturities Prepayments And Calls Of Shortterm Investments
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93000000.0 USD
CY2018Q3 us-gaap Proceeds From Maturities Prepayments And Calls Of Shortterm Investments
ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments
58300000 USD
CY2019Q3 us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
31800000 USD
CY2018Q3 us-gaap Proceeds From Sale Of Short Term Investments
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24800000 USD
CY2019Q3 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-52300000 USD
CY2018Q3 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-95900000 USD
CY2019Q3 us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
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0 USD
CY2019Q3 us-gaap Payments Of Debt Issuance Costs
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0 USD
CY2018Q3 us-gaap Payments Of Debt Issuance Costs
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12900000 USD
CY2019Q3 us-gaap Proceeds From Issuance Of Common Stock
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18600000 USD
CY2018Q3 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
15500000 USD
CY2019Q3 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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13200000 USD
CY2018Q3 us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
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-6400000 USD
CY2019Q3 us-gaap Net Cash Provided By Used In Investing Activities
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CY2018Q3 us-gaap Net Cash Provided By Used In Investing Activities
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CY2019Q3 us-gaap Proceeds From Issuance Of Long Term Debt
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0 USD
CY2018Q3 us-gaap Proceeds From Issuance Of Long Term Debt
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95000000.0 USD
CY2019Q3 us-gaap Repayments Of Long Term Debt
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0 USD
CY2018Q3 us-gaap Repayments Of Long Term Debt
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387000000.0 USD
CY2019Q3 us-gaap Proceeds From Convertible Debt
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0 USD
CY2018Q3 us-gaap Proceeds From Convertible Debt
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575000000.0 USD
CY2018Q3 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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10800000 USD
CY2019Q3 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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5400000 USD
CY2018Q3 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
274800000 USD
CY2019Q3 us-gaap Cash Provided By Used In Financing Activities Discontinued Operations
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0 USD
CY2018Q3 us-gaap Cash Provided By Used In Financing Activities Discontinued Operations
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0 USD
CY2019Q3 us-gaap Net Cash Provided By Used In Financing Activities
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5400000 USD
CY2018Q3 us-gaap Net Cash Provided By Used In Financing Activities
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274800000 USD
CY2019Q3 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2018Q3 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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100000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2018Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
217400000 USD
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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500500000 USD
CY2018Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
118900000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
433300000 USD
CY2018Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
336300000 USD
CY2019 us-gaap Number Of Reportable Segments
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2 reportable_segments
CY2019Q3 us-gaap Contract With Customer Liability
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87600000 USD
CY2019Q2 us-gaap Contract With Customer Liability
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80400000 USD
CY2019Q3 us-gaap Contract With Customer Liability Revenue Recognized
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1000000.0 USD
CY2019Q3 us-gaap Operating Lease Right Of Use Asset
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11400000 USD
CY2019Q3 us-gaap Operating Lease Liability Current
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5300000 USD
CY2019Q3 us-gaap Operating Lease Liability Noncurrent
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6000000.0 USD
CY2019Q3 us-gaap Operating Lease Cost
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1400000 USD
CY2019Q3 us-gaap Operating Lease Payments
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1500000 USD
CY2019Q3 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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12200000 USD
CY2019Q3 cree Modificationsof Lease Assets Net
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500000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
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4700000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
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3600000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
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2400000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
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1000000.0 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
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200000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
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CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due
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11900000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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600000 USD
CY2019Q3 us-gaap Operating Lease Liability
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11300000 USD
CY2019Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P31M
CY2019Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
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0.0379
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due Current
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4100000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due In Two Years
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2300000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due In Three Years
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1200000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due In Four Years
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700000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
0 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
0 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due
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8300000 USD
CY2019Q3 us-gaap Accounts Receivable Gross Current
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138000000.0 USD
CY2019Q2 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
129300000 USD
CY2019Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
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400000 USD
CY2019Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
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400000 USD
CY2019Q3 us-gaap Accounts Receivable Net Current
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137600000 USD
CY2019Q2 us-gaap Accounts Receivable Net Current
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128900000 USD
CY2019Q3 us-gaap Inventory Raw Materials Net Of Reserves
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41800000 USD
CY2019Q2 us-gaap Inventory Raw Materials Net Of Reserves
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42400000 USD
CY2019Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
95300000 USD
CY2019Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
101100000 USD
CY2019Q3 us-gaap Inventory Finished Goods Net Of Reserves
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45800000 USD
CY2019Q2 us-gaap Inventory Finished Goods Net Of Reserves
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43900000 USD
CY2019Q3 us-gaap Inventory Net
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182900000 USD
CY2019Q2 us-gaap Inventory Net
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187400000 USD
CY2019Q3 us-gaap Accounts Payable Trade Current
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84500000 USD
CY2019Q2 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
90700000 USD
CY2019Q3 us-gaap Accrued Salaries Current
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53900000 USD
CY2019Q2 us-gaap Accrued Salaries Current
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70900000 USD
CY2019Q3 us-gaap Accrued Liabilities Current
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29900000 USD
CY2019Q2 us-gaap Accrued Liabilities Current
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34000000.0 USD
CY2019Q3 us-gaap Other Accounts Payable And Accrued Liabilities
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6200000 USD
CY2019Q2 us-gaap Other Accounts Payable And Accrued Liabilities
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5300000 USD
CY2019Q3 us-gaap Accounts Payable And Accrued Liabilities Current
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174500000 USD
CY2018Q3 cree Factory Optimization Start Up Costs
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0 USD
CY2019Q3 us-gaap Severance Costs1
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1200000 USD
CY2019Q2 us-gaap Accounts Payable And Accrued Liabilities Current
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200900000 USD
CY2019Q3 cree Factory Optimization Restructuring Costs
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1200000 USD
CY2018Q3 cree Factory Optimization Restructuring Costs
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0 USD
CY2019Q3 cree Severanceand Other Restructuring Costs
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800000 USD
CY2018Q3 cree Severanceand Other Restructuring Costs
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2600000 USD
CY2019Q3 us-gaap Restructuring Charges
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2000000.0 USD
CY2018Q3 us-gaap Restructuring Charges
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2600000 USD
CY2019Q3 cree Projectand Transaction Expense
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2600000 USD
CY2018Q3 cree Projectand Transaction Expense
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400000 USD
CY2019Q3 cree Factory Optimization Start Up Costs
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1400000 USD
CY2018Q3 us-gaap Severance Costs1
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0 USD
CY2019Q3 us-gaap Other Operating Income Expense Net
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CY2018Q3 us-gaap Other Operating Income Expense Net
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CY2019Q3 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
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9500000 USD
CY2019Q2 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
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9500000 USD
CY2019Q3 us-gaap Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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500000 USD
CY2019Q2 us-gaap Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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0 USD
CY2019Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
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10000000.0 USD
CY2019Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
9500000 USD
CY2019Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-100000 USD
CY2018Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-600000 USD
CY2019Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
3500000 USD
CY2018Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
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CY2019Q3 us-gaap Investment Income Net
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CY2018Q3 us-gaap Investment Income Net
InvestmentIncomeNet
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CY2019Q3 us-gaap Other Nonoperating Income Expense
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100000 USD
CY2018Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
0 USD
CY2019Q3 us-gaap Nonoperating Income Expense
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1600000 USD
CY2018Q3 us-gaap Nonoperating Income Expense
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CY2019Q3 cree Increase Decreasein Lease Asset Liability
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12200000 USD
CY2018Q3 cree Increase Decreasein Lease Asset Liability
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0 USD
CY2019Q3 cree Modificationsof Lease Assets Net
ModificationsofLeaseAssetsNet
500000 USD
CY2018Q3 cree Modificationsof Lease Assets Net
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0 USD
CY2019Q3 us-gaap Construction In Progress Expenditures Incurred But Not Yet Paid
ConstructionInProgressExpendituresIncurredButNotYetPaid
8800000 USD
CY2018Q3 us-gaap Construction In Progress Expenditures Incurred But Not Yet Paid
ConstructionInProgressExpendituresIncurredButNotYetPaid
15400000 USD
CY2019Q3 us-gaap Available For Sale Debt Securities Amortized Cost Basis
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559000000.0 USD
CY2019Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
1700000 USD
CY2019Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
100000 USD
CY2019Q3 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
560600000 USD
CY2019Q2 us-gaap Available For Sale Debt Securities Amortized Cost Basis
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548400000 USD
CY2019Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
2600000 USD
CY2019Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
100000 USD
CY2019Q2 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
550900000 USD
CY2019Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Number Of Positions
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsNumberOfPositions
46 security
CY2019Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
85600000 USD
CY2019Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
100000 USD
CY2019Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
10000000.0 USD
CY2019Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
0 USD
CY2019Q3 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
95600000 USD
CY2019Q3 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
100000 USD
CY2019Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Number Of Positions
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsNumberOfPositions
74 security
CY2019Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Number Of Positions
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerNumberOfPositions
10 security
CY2019Q3 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
84 security
CY2019Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
55800000 USD
CY2019Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
0 USD
CY2019Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
48400000 USD
CY2019Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
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CY2019Q3 us-gaap Cash And Cash Equivalents Fair Value Disclosure
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CY2019Q3 us-gaap Equity Securities Fv Ni
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CY2019Q3 us-gaap Amortization Of Intangible Assets
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0
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500000 USD
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100000 USD
CY2019Q2 us-gaap Unrecognized Tax Benefits
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8200000 USD
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8200000 USD
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1000000.0 USD
CY2019Q3 us-gaap Gross Profit
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74200000 USD
CY2018Q3 us-gaap Gross Profit
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CY2019Q3 cree Gross Profit Percent
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CY2019Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
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242800000 USD
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274200000 USD
CY2019Q3 us-gaap Inventory Net
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182900000 USD
CY2019Q2 us-gaap Inventory Net
InventoryNet
187400000 USD

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